Securing long-term economic viability remains a challenge for the Melanesian states, with geographic isolation, climate change, natural disasters, and aid dependency presenting significant problems for these relatively young countries. Vanuatu has a population of 270,000 and a GDP of $771 million. Designing an economy that is capable of supporting some 83 islands who mainly practice subsistence farming is a …

  Greece, that hotbed of worst economic practices, has provided a perfect illustration of one of the biggest problems facing governments: In a world that’s increasingly unified by technology, the fiscal systems are still designed for 20th-century business models. The Sharing Economy A series of tax hikes went into effect on June 1 in Greece, including a one percentage point …

  Dmitry Filippov SPECIAL TO EMIRATES BUSINESS Japanese Prime Minister Shinzo Abe’s meeting with Russian President Vladimir Putin in Sochi on May 6 was met with positive reactions from both countries and gave grounds for cautious optimism regarding going forward with the peace treaty negotiations and making progress on the Northern Territories dispute. As I wrote of Abe’s visit: [T]he …